1 December, 2014

Herbert Smith Freehills has advised underwriters on the RMB 800m dim sum bond offering by Hong Kong Aviation Limited, a wholly-owned subsidiary of Hong Kong Airlines International Holdings Limited. Proceeds from the two-year Regulation S offshore Renminbi bonds will be used for general corporate purposes. Hong Kong Airlines International, a locally-based full-service network carrier which focuses on the Greater China market, will provide a parent guarantee while HKA Group and Hong Kong Airlines will provide subsidiary guarantees.

Herbert Smith Freehills’ team on the deal was led by Hong Kong partner Kevin Roy and senior consultant Cindy Kao, who were supported by associates George Wu and Alison Tsai.

Guotai Junan Securities (Hong Kong) Limited, DBS Bank Ltd., Wing Lung Bank Limited, CLSA Limited, Daiwa Capital Markets Hong Kong Limited and Hong Kong International Securities Limited were joint bookrunners on the transaction.

Conventus Law